Items Tagged with 'Landmark Network'

ARTICLES

  • Class Valuation snatches up another AMC

    Acquires Texas-based appraisal management company Janus Valuation & Compliance
    Class Valuation, a real estate collateral valuation and appraisal management company, has acquired Janus Valuation & Compliance. The deal is the second AMC acquisition the Michigan-based 2019 Tech100 winner has made in the last six months and one of several big steps Class Valuation has taken since it was acquired by Narrow Gauge Capital in March 2018.
    Read More
  • Class Valuation acquires reverse-focused AMC Landmark Network

    Erik Richard named COO of Western region, will oversee reverse support nationwide
    Landmark Network, a reverse mortgage appraisal management company, has been acquired by nationwide AMC Class Valuation, which recently changed its name from Class Appraisal. "Landmark is a leader in a market that we expect to grow as Baby Boomers look for options to carry them through retirement," said Class Valuation Chief Innovation Officer Scot Rose.
    Read More
  • How will FHA’s new HECM appraisal rules affect reverse mortgage lending?

    AMCs weigh in on the mandate requiring second appraisals on select loans
    The latest change to the reverse mortgage program was just announced, and it requires a second appraisal on select HECM loans. Now, the industry is abuzz with speculation as to just how impactful the new requirement will be. Will turn-times slow down? Will the loan be more expensive for most borrowers? We talked to appraisal management companies to find out.
    Read More
  • FHA to require second appraisal on select reverse mortgages

    Aims to combat inflated valuations, reduce MMI Fund risk
    The Federal Housing Administration announced Friday that it will require reverse mortgage lenders to provide a second property appraisal on loans flagged by FHA as potentially having an inflated property valuation. The agency said the move is intended to reduce risk to the Mutual Mortgage Insurance Fund, which will ultimately ensure the long-term sustainability of the program.
    Read More
  • HousingWire acquires The Reverse Review, adds Editor Jessica Guerin

    Guerin to lead expanded coverage of housing wealth market
    More exciting changes are happening at HousingWire! This week, we are announcing our acquisition of The Reverse Review. This means a new fresh face at HousingWire. Reverse Review Editor Jessica Guerin is joining HousingWire’s staff as an editor to lead our expanding coverage of the housing wealth market and is launching a Reverse Review newsletter.
    Read More
  • From HW Magazine

    2017 Rising Stars: Erik Richard

    Founder and CEO of Landmark Network
    Erik Richard founded Landmark Network in 2007 and has been instrumental in expanding the company through the acquisition of five companies (a tech firm and four AMCs). His efforts have helped the company secure a place for three years on Inc.’s fastest growing companies listing.
    Read More
  • Landmark Network acquires AppraisalPro

    Strengthens presence on East coast
    Landmark Network completed the acquisition of AppraisalPro, which will further the company’s reach into the Northeast. The company says existing clients won’t experience delays, but rather, will be able to immediately use Landmark’s technology.
    Read More